Right now at 9%, I have a lower pension contribution rate than - TopicsExpress

Right now at 9%, I have a lower pension contribution rate than that of the average Singaporean and assuming I earn a wage of $50,000 per year, I will have $4,500 set aside for my retirement at the end of each year. Disregarding interest, yes I will have $180,000 at the end of the day, assuming a 40 year working life. HOWEVER, I will have had to pay for my mortgage on top of other living expenses throughout my working life. Do you agree with the author?

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